The Nikkei 225 index fell 0.14% to close at 50,843 on Tuesday (November 11), losing gains from earlier in the session as investors took profits from rising tech stocks amid ongoing concerns over high AI valuations. Significant losses were seen in AI-related stocks such as Kioxia Holdings (-0.9%), Fujikura (-6%), Advantest (-4.1%), and Disco Corp…
Oil prices are stable. Brent is hovering below $64/barrel after a small rise, while WTI is approaching $60. The WTI prompt spread narrowed to its lowest since February at 9 cents, indicating less tight supply conditions and a market sense of surplus. Market participants are awaiting key releases: the OPEC monthly report and the IEA…
Silver prices (XAG/USD) have risen for three consecutive sessions and are hovering around $50.90/oz in Asia this morning. This “non-interest-bearing” metal is gaining traction as US economic uncertainty heightens expectations of a Fed interest rate cut. Fed Governor Stephen Miran’s comments to CNBC that inflation is starting to ease—even opening up the option of a…
Gold prices rose in the Asian session, with spot prices at $4,142/oz and December futures at $4,148/oz. Although risk appetite improved due to progress toward ending the longest US shutdown, concerns over its economic impact kept safe-haven demand strong. The recent strengthening of the dollar did little to halt the rally; gold returned to the…
